One in three UK firms plan for no-deal Brexit relocation, IoD says

Survey finds surge of smaller companies activating plans to move operations abroad

Nearly one in three British businesses are planning to relocate some of their operations abroad or have already shifted them to cope with a hard Brexit, according to a leading lobby group.

The Institute of Directors (IoD) warned that 29% of firms in a survey of 1,200 members believed Brexit posed a significant risk to their operations in the UK and had either moved part of their businesses abroad already or were planning to do so.

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from World news | The Guardian http://bit.ly/2HHuFRG